SIGNIFICANT INDUSTRIAL SITE WITH INCOME AND SCOPE

Dixon Commercial Real Estate are pleased to offer for sale 635 Wagga Road, Springdale Heights at Auction on Friday 10 November, 2023 at 2:30pm on-site.

The offering provides an industrial-zoned site of approximately 57,900 square metres, which includes a magnificent 4-bedroom residence, 500 square metre workshop, and a separate 800 square metre industrial facility across 2x workshops.

The 4-bedroom residence is built with huge proportions and includes 2x living areas, 2x bathrooms, outdoor living area/gazebo, established gardens, 125 metre bore, scenic lake and 10kw solar.

The separate workshop of approximately 500 square metres includes a living area with bathroom, 5x roller doors, 3-Phase power, 24kw solar, additional lock up storage at the rear as well as ample undercover awning area.

The industrial improvements consist of approximately 800 square metres of purpose-built workshop with office and mezzanine, full amenities, triple interceptor, service pit and oil catching tank. The site allows for drive-around access, is fully fenced with a separate access point with electronic gates and is positioned on approximately 1.8 hectares of crushed rock hardstand. The lease details are as below:

Tenant: AG Bulktrans Pty Ltd
Annual Rent: $130,000 plus GST
Lease Commencement: 1 April, 2023
Lease Tenure: Three (3) years
Option: Nil
Annual Rent Review: 3% annually

The property is prominently positioned on Wagga Road, with frontage of 430 metres, and is approximately 1.2 kilometres from the Hume Freeway interchange at Thurgoona Drive or 4.1 kilomentres from the Davey Road interchange at Ettamogah. The site is readily accessible to the Albury CBD and provides opportunity and scope for a purchaser to own & occupy (industrial and residence), invest, develop or subdivide (STCA).

Terms: 10% deposit, balance 60 days.

For more information or to arrange an inspection, please contact the agents below.

overview

  • 1P2745
  • Other
  • Sold
  • 635 Wagga Road Springdale Heights NSW
  • 1300 sqm
  • 58000 sqm
  • E4 - General Industrial